How to fund my COL Financial Account? (Updated as of April 2020)
After successfully opening your COL account, your next question would be is how to fund my COL Financial account? Funding your COL trading account is very similar to how you pay your electric, water, phone bills or credit card bills. Here, I will show you different options on how to fund your COL Financial account both locally and from overseas for OFWs.
What you’ll need to remember:
Company: COL Financial Group Inc.
Subscriber/Reference No: 8-Digit COL Account Number
Local Funding: for people within the Philippines
Option 1: Online Banking via Bills Payment
Use your online banking facility to fund your COL account. Just enroll COL FINANCIAL under your bills payment then pay that bill. Some banks like BPI have the option to automatically fund your account monthly/quarterly/yearly. Take advantage of this option to be able to grow your buying power even if you don’t plan to trade for awhile or you’re still learning.
These could be done through your personal computer or your mobile devices(once enrolled).
Option 2: Over the Counter via Bills Payment
Visit your bank and fill-out a payment slip. Forms of payment can be in cash or check. Check should be payable to COL FINANCIAL GROUP, INC.
Please see photos for instruction by Bank:
1. Banco de Oro (BDO)
2. Bank of the Philippine Islands (BPI)
Over the counter
Through ATM machine at their branches
3. Metrobank
4. Asia United Bank (AUB)
5. Robinsons Bank
6. Union Bank
Take note of the fees:
For OVERSEAS Funding
You may fund your COL Financial through an overseas remittance. There are three options that you can choose from.
The BDO Kabayan Bills Bayad option has the following benefits:
Crediting time is within 1-3 business days, Less charges, No need to send a receipt to COL Financial.
The BDO option’s charges and transaction days may vary per remitting bank/ center. It is also important to send them your receipt at remit@colfinancial.com. See photo below for instruction:
When will my transfer be credited to my COL Financial account?
After making your transfer you might ask when will my transfer be credited to my account? See credit schedules below.
For credit to COL account within 24 hours (excluding public holidays and weekends)
- Online Banking via Merchant Payment (BPI and Metrobank)
- Over-the-Counter at Bank Branches via Merchant Payment (BPI and Metrobank)
- COL Business Center
For credit to COL account at the end of the next banking day:
- Online Banking via Merchant Payment (BDO)
- Over-the-Counter at the Bank Branches via Merchant Payment (BDO)
IMPORTANT: Please indicate the COL ACCOUNT HOLDER’S NAME and COL ACCOUNT NUMBER when making payments to ensure proper and timely credit to your account.
Visit COL Financial website to learn more.
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One Comment
Jayson
So, wala po bang through RCBC Bank?